Chanson Total Assets vs Net Receivables Analysis

CHSN Stock   7.33  0.38  4.93%   
Chanson International financial indicator trend analysis is way more than just evaluating Chanson International prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chanson International is a good investment. Please check the relationship between Chanson International Total Assets and its Net Receivables accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chanson International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Total Assets vs Net Receivables

Total Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chanson International Total Assets account and Net Receivables. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Chanson International's Total Assets and Net Receivables is -0.51. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Chanson International Holding, assuming nothing else is changed. The correlation between historical values of Chanson International's Total Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Chanson International Holding are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Assets i.e., Chanson International's Total Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of Chanson International assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Chanson International books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Net Receivables

Most indicators from Chanson International's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chanson International current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chanson International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
At this time, Chanson International's Tax Provision is very stable compared to the past year. As of the 2nd of December 2024, Issuance Of Capital Stock is likely to grow to about 14.2 M, while Selling General Administrative is likely to drop about 3.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense98.0K35.5K31.9K30.3K
Depreciation And Amortization439.0K480.3K3.5M3.6M

Chanson International fundamental ratios Correlations

0.970.90.970.320.920.00.890.430.940.451.00.780.45-0.51-0.410.920.960.850.580.950.980.770.820.96-0.83
0.970.960.980.360.970.140.840.460.890.560.970.710.56-0.62-0.370.980.990.810.740.990.970.670.70.9-0.83
0.90.960.970.390.990.390.760.470.830.630.890.530.63-0.63-0.20.990.960.670.730.980.890.460.490.87-0.77
0.970.980.970.360.990.190.830.460.910.540.970.690.54-0.59-0.350.970.990.80.630.990.960.620.680.95-0.84
0.320.360.390.360.340.33-0.090.980.090.820.270.060.82-0.720.120.30.250.090.090.330.470.410.040.250.16
0.920.970.990.990.340.310.790.440.860.580.920.610.58-0.63-0.30.990.980.740.721.00.910.50.560.9-0.83
0.00.140.390.190.330.31-0.130.24-0.060.59-0.01-0.560.59-0.360.690.290.19-0.410.320.240.02-0.47-0.560.040.06
0.890.840.760.83-0.090.79-0.130.00.970.050.910.750.05-0.11-0.410.80.870.810.520.830.80.640.830.89-0.86
0.430.460.470.460.980.440.240.00.190.830.380.230.83-0.8-0.060.40.360.260.160.440.570.490.170.350.0
0.940.890.830.910.090.86-0.060.970.190.180.960.750.18-0.22-0.40.850.910.830.460.890.880.680.830.97-0.84
0.450.560.630.540.820.580.590.050.830.180.410.041.0-0.930.190.580.50.130.530.560.570.25-0.010.32-0.17
1.00.970.890.970.270.92-0.010.910.380.960.410.780.41-0.47-0.410.920.970.850.580.950.970.760.830.96-0.85
0.780.710.530.690.060.61-0.560.750.230.750.040.780.04-0.28-0.870.610.680.980.360.660.760.810.910.72-0.76
0.450.560.630.540.820.580.590.050.830.181.00.410.04-0.930.190.580.50.130.530.560.570.25-0.010.32-0.17
-0.51-0.62-0.63-0.59-0.72-0.63-0.36-0.11-0.8-0.22-0.93-0.47-0.28-0.930.15-0.63-0.55-0.36-0.61-0.61-0.63-0.33-0.13-0.350.35
-0.41-0.37-0.2-0.350.12-0.30.69-0.41-0.06-0.40.19-0.41-0.870.190.15-0.29-0.33-0.82-0.19-0.33-0.4-0.51-0.65-0.360.57
0.920.980.990.970.30.990.290.80.40.850.580.920.610.58-0.63-0.290.990.730.790.990.910.510.570.86-0.85
0.960.990.960.990.250.980.190.870.360.910.50.970.680.5-0.55-0.330.990.790.720.990.940.590.670.92-0.88
0.850.810.670.80.090.74-0.410.810.260.830.130.850.980.13-0.36-0.820.730.790.470.770.830.770.890.8-0.84
0.580.740.730.630.090.720.320.520.160.460.530.580.360.53-0.61-0.190.790.720.470.710.590.230.250.4-0.66
0.950.990.980.990.331.00.240.830.440.890.560.950.660.56-0.61-0.330.990.990.770.710.940.570.630.92-0.85
0.980.970.890.960.470.910.020.80.570.880.570.970.760.57-0.63-0.40.910.940.830.590.940.80.780.91-0.76
0.770.670.460.620.410.5-0.470.640.490.680.250.760.810.25-0.33-0.510.510.590.770.230.570.80.90.67-0.44
0.820.70.490.680.040.56-0.560.830.170.83-0.010.830.91-0.01-0.13-0.650.570.670.890.250.630.780.90.78-0.69
0.960.90.870.950.250.90.040.890.350.970.320.960.720.32-0.35-0.360.860.920.80.40.920.910.670.78-0.81
-0.83-0.83-0.77-0.840.16-0.830.06-0.860.0-0.84-0.17-0.85-0.76-0.170.350.57-0.85-0.88-0.84-0.66-0.85-0.76-0.44-0.69-0.81
Click cells to compare fundamentals

Chanson International Account Relationship Matchups

Chanson International fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.4M21.1M25.0M27.3M38.4M26.4M
Short Long Term Debt Total9.8M12.9M13.0M14.8M16.6M13.9M
Other Current Liab1.3M5.1M7.8M9.8M7.9M6.0M
Total Current Liabilities8.4M9.4M12.3M13.5M14.7M12.0M
Total Stockholder Equity2.3M2.2M2.8M1.2M1.7M1.5M
Property Plant And Equipment Net11.5M14.1M17.1M19.8M18.5M16.8M
Current Deferred Revenue3.4M4.7M6.1M7.0M999.1K949.1K
Net Debt5.9M8.8M9.1M11.9M15.1M10.8M
Retained Earnings761.6K597.6K1.1M(183.8K)297.0K329.4K
Accounts Payable677.7K920.9K1.3M1.4M1.9M1.3M
Cash3.9M4.1M3.9M2.9M1.5M1.4M
Non Current Assets Total12.3M15.1M18.3M20.9M29.1M19.5M
Non Currrent Assets Other773.8K951.3K1.2M1.1M9.2M9.7M
Cash And Short Term Investments3.9M4.1M3.9M2.9M1.5M1.4M
Net Receivables455.7K713.4K1.1M1.3M2.0M1.1M
Liabilities And Stockholders Equity17.4M21.1M25.0M27.3M38.4M26.4M
Non Current Liabilities Total6.8M9.5M9.8M12.6M11.7M10.4M
Inventory351.1K469.4K526.9K693.5K723.9K565.4K
Other Current Assets286.6K734.6K1.2M1.6M5.1M5.4M
Total Liab15.2M18.9M22.2M26.2M26.4M22.4M
Total Current Assets5.2M6.0M6.7M6.5M9.3M6.9M
Accumulated Other Comprehensive Income631.0K763.2K852.2K482.5K351.7K488.1K
Short Term Debt3.0M3.4M3.2M2.2M4.9M3.6M

Pair Trading with Chanson International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chanson International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chanson International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Chanson Stock

  0.82AGS PlayAGSPairCorr

Moving against Chanson Stock

  0.57LNW Light WonderPairCorr
  0.53IGT International GamePairCorr
  0.37WING WingstopPairCorr
The ability to find closely correlated positions to Chanson International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chanson International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chanson International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chanson International Holding to buy it.
The correlation of Chanson International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chanson International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chanson International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chanson International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Chanson International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Chanson International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Chanson International Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Chanson International Holding Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chanson International Holding. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chanson International. If investors know Chanson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chanson International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.93)
Earnings Share
(0.02)
Revenue Per Share
1.287
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.02)
The market value of Chanson International is measured differently than its book value, which is the value of Chanson that is recorded on the company's balance sheet. Investors also form their own opinion of Chanson International's value that differs from its market value or its book value, called intrinsic value, which is Chanson International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chanson International's market value can be influenced by many factors that don't directly affect Chanson International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chanson International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chanson International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chanson International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.